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Wells Fargo Remains a Buy on Vimeo (VMEO)

Wells Fargo analyst Brian Fitzgerald maintained a Buy rating on Vimeo (VMEOResearch Report) today and set a price target of $7.00. The company’s shares opened today at $3.81.

Fitzgerald covers the Technology sector, focusing on stocks such as Activision Blizzard, Angi, and Yelp. According to TipRanks, Fitzgerald has an average return of 13.6% and a 53.92% success rate on recommended stocks.

Vimeo has an analyst consensus of Moderate Buy, with a price target consensus of $6.67, a 75.07% upside from current levels. In a report released yesterday, Truist Financial also maintained a Buy rating on the stock with a $7.00 price target.

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VMEO market cap is currently $637.5M and has a P/E ratio of -8.01.

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Vimeo Holdings Inc is the all-in-one video software solution, providing the full breadth of video tools through a software-as-a-service model. The company’s comprehensive and cloud-based tools empower its users to create, collaborate and communicate with video on a single, turnkey platform.

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